Carsberg: IASC to Complete Standards by 1999

January 1998
Financial Executive;Jan/Feb1998, Vol. 14 Issue 1, p52
Academic Journal
The article discusses a three-hour panel discussion held by the International Accounting Standards Committee (IASC) on international accounting standards. The panel also discussed the United States capital market following the Financial Executives Institute's (FEI) Current Financial Reporting Issues Conference. Bryan Carsberg, secretary general of the IASC, reported that will complete its core set of standards by 1999, a year later than it initially forecast. Peter F. Zurbrugg, an IASC board member, emphasized that standards need to be preparer-friendly, as well as simple and powerful.


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